Etherisc is not some fly-by-night ICO; it has emerged as one of the most important and innovative decentralised apps to be built on Ethereum. Etherisc was the winner of the Blockchain Oscar 2017 for most innovative blockchain startup. Etherisc pushes standard insurable crypto wallet Siafunds token opts to be classed a security under SEC rules Cardano's Ouroboros: Proving Proof of Stake can work in the wild The token event will support the foundation to develop and promote decentralized insurance and ensure the long-term development of an open-source protocol, said a statement. Etherisc's decentralized insurance platform uses this protocol to lower operational costs and provide greater transparency into the industry compared to traditional operations. The TGE has a hard cap of $30 million USD and is expected to commence in April 2018.

http://www.ibtimes.co.uk/ethereum-based-insurtech-etherisc-announces-token-event-1664194